Yes to the loan that unlocks the joy of home ownership.
Yes to the lending solution that meets every client’s unique needs and wants.
That’s why we dedicate our every resource to serve as your personal guide through the lending process, solving problems, building confidence. Aslan has access to every lending option leading to the purchase or refinance of a residential home loan.
This is more than work for us. It is our unique joy in this life to share our collective skill, creativity, and care to bring you and your family right to where you belong.
The day's most notable development, by far, was the speech from Fed Governor Waller in which he said the Fed probably didn't need to hike at the upcoming meeting (depending on data, of course). Fed Funds Futures reacted immediately and mostly held those gains all day. The longer end of the curve ended up giving back most of the initial gains, albeit very gradually. The net effect is that we're still in "wait and see" mode--but a slightly less painful version--ahead of Friday's jobs report and next week's inflation data.
Slightly stronger overnight with additional gains after Waller speech. MBS up a quarter point and 10yr down 3.6bps at 4.744
10:10 AM
Off best levels. MBS up 5 ticks (.16) and 10yr down 2.2bps at 4.758
01:33 PM
MBS up 6 ticks (.19) and 10yr down 2.5bps at 4.756
Lock / Float Considerations
9/3/26 -Promising resilience versus oil prices in overnight trading was replaced by afternoon weakness that undid much of the positive messaging. Still, combined with Waller comments, it amounted to a glimmer of hope for a supportive bounce in the bigger picture. Ultimately, that bounce would depend on data like tomorrow's jobs report and next week's inflation data. Additionally, just because we saw some resilience today doesn't mean bonds would ignore any major impacts from war headlines going forward. Bottom line: still a high risk environment.
Yes to the loan that unlocks the joy of home ownership.
Yes to the lending solution that meets every client’s unique needs and wants.
That’s why we dedicate our every resource to serve as your personal guide through the lending process, solving problems, building confidence. Aslan has access to every lending option leading to the purchase or refinance of a residential home loan.
This is more than work for us. It is our unique joy in this life to share our collective skill, creativity, and care to bring you and your family right to where you belong.
